MADE - ETF AI Analysis
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iShares U.S. Manufacturing ETF (MADE)
Rating:71Outperform
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered strong gains so far this year, suggesting its strategy has recently worked well for investors.
Leading Industrial Holdings Performing Well
Many of the largest industrial stocks in the fund have shown strong or steady performance, helping drive overall returns.
Focused Exposure to U.S. Manufacturing
The fund’s heavy tilt toward U.S. industrial and related companies gives investors targeted exposure to the domestic manufacturing theme.
Negative Factors
Recent Short-Term Weakness
The ETF has slipped over the past month, showing that returns can be volatile over shorter time periods.
High Concentration in Industrials and the U.S.
With most assets in U.S. industrial stocks, the fund is vulnerable if this sector or the U.S. market faces a downturn.
Moderate Expense Ratio
The fund’s fees are not especially low for an ETF, which slightly reduces the net return investors keep over time.
MADE vs. SPDR S&P 500 ETF (SPY)
AUM62.05M
RegionNorth America
Expense Ratio0.40%
Beta1.08
IssueriShares
Inception DateJul 18, 2024
Dividend Yield0.65%
Asset ClassEquity
Index TrackedS&P U.S. Manufacturing Select Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume23,201
30 Day Avg. Volume20,341
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
43.55Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering113
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MADE Summary
The iShares U.S. Manufacturing ETF (MADE) follows the S&P U.S. Manufacturing Select Index, focusing on companies that make industrial, tech, and consumer products in the United States. It holds well-known names like Caterpillar, Deere, and General Motors, giving investors a simple way to invest in the backbone of the U.S. economy in one fund. Someone might consider MADE for growth potential tied to U.S. manufacturing and for diversification within industrial and related sectors. A key risk is that it can rise or fall with the manufacturing sector, which is sensitive to economic cycles and demand for goods.
How much will it cost me?The iShares U.S. Manufacturing ETF (MADE) has an expense ratio of 0.4%, which means you’ll pay $4 per year for every $1,000 invested. This is slightly higher than average because it is a sector-specific ETF, which often requires more active management compared to broad-market index funds. However, it offers targeted exposure to the U.S. manufacturing industry, making it a specialized investment option.
What would affect this ETF?The MADE ETF could benefit from increased investment in U.S. manufacturing due to technological advancements and government initiatives supporting domestic production. However, it may face challenges from rising interest rates, which can increase borrowing costs for companies, and global economic slowdowns that could reduce demand for manufactured goods. Its focus on industrials and exposure to companies like Deere and Honeywell make it sensitive to changes in economic conditions and sector-specific trends.
MADE Top 10 Holdings
MADE is powered by classic industrial heavyweights, with Caterpillar, Cummins, Eaton, and Deere all rising and giving the fund a solid tailwind as U.S. manufacturing demand stays firm. On the techier side of the sector, Vertiv and Coherent have been standout winners, adding extra spark thanks to strong momentum tied to data centers and communications. RTX, however, has been lagging and slightly dragging on returns. Overall, the ETF is tightly focused on U.S.-based industrials with a growing tilt toward manufacturing-related technology.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Eaton | 4.18% | $2.59M | $156.47B | 8.13% | 75 Outperform | |
| Amphenol | 4.12% | $2.56M | $194.14B | 56.40% | 78 Outperform | |
| Deere | 4.08% | $2.53M | $158.42B | 17.89% | 66 Neutral | |
| Cummins | 4.08% | $2.53M | $91.13B | 84.87% | 72 Outperform | |
| Caterpillar | 4.05% | $2.51M | $409.95B | 107.98% | 76 Outperform | |
| Vertiv Holdings | 3.82% | $2.37M | $116.96B | 131.32% | 77 Outperform | |
| Parker Hannifin | 3.63% | $2.25M | $120.99B | 33.32% | 79 Outperform | |
| RTX | 3.58% | $2.22M | $260.81B | 24.53% | 74 Outperform | |
| General Motors | 3.29% | $2.04M | $69.77B | 49.67% | 73 Outperform | |
| Trane Technologies | 3.12% | $1.93M | $103.87B | 4.96% | 70 Outperform |
MADE Technical Analysis
Positive
―
Price Trends
37.58
Negative
36.44
Positive
34.21
Positive
Market Momentum
-0.31
Positive
47.44
Neutral
45.05
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MADE, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 37.71, equal to the 50-day MA of 37.58, and equal to the 200-day MA of 34.21, indicating a neutral trend. The MACD of -0.31 indicates Positive momentum. The RSI at 47.44 is Neutral, neither overbought nor oversold. The STOCH value of 45.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MADE.
MADE Peer Comparison
Comparison Results
Performance Comparison
MADE
iShares U.S. Manufacturing ETF
37.13
9.22
33.03%
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MAKX
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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